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Topic: Mainland and Hong Kong Closer Economic Partnership Arrangement

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Australian export - Australian Trade Commission Austrade and the Hong Kong Economic and Trade Office will conduct conferences in Melbourne and Sydney to highlight export and business opportunities for Australian businesses in Hong Kong, especially in the light of the recently sealed Closer Economic Partnership Arrangement (CEPA) between Hong Kong and Mainland China. The Mainland China and Hong Kong Closer Economic Partnership Arrangement (CEPA), signed on 29 June 2003, will provide Hong Kong-based companies and their overseas partners with preferential access to a range of product and service areas of the China market with effect from 1 January 2004. If your company is looking for new opportunities, or even considering exporting for the first time, this event will provide an excellent opportunity to gain an in-depth perspective of how you can establish or expand a business presence in Hong Kong and, through Hong Kong, to Mainland China &; Asia& most rapidly growing market. www.austrade.gov.au /corporate/layout/0,,0_S1-1_1z2-2_-3_PWB110375994-4_23jcttz1-5_-6_0-7_,00.html

Events - Events & Trends - Express Textile Felix Chung, HK Apparel Society, HK The recent signing of the Closer Economic Partnership Arrangement (CEPA) means that there is now zero import tariff for exports from Hong Kong to China. As well as being an important step in the economic development of Hong Kong and China, CEPA helps the Hong Kong based textile and garment manufacturers develop their business in the mainland. CEPA creates a world of business opportunities for Hong Kong businesses, but the benefits are not only limited to Hong Kong brands - overseas brands can benefit from this new agreement as well. www.expresstextile.com /20030904/eventstrends02.shtml

The legal news and law firm feature site for Asia and Australia Caption: Premier Wen Jiabao and Chief Executive Tung Chee Hwa witness the signing of the Mainland and Hong Kong Closer Economic Partnership Arrangement on 29 June. Hong Kong law firms that have offices in the mainland will be able to operate jointly with mainland law firms, though not as full partnerships. The Closer Economic Partnership Agreement, or CEPA, was signed 29 June, and will come into effect on 1 January 2004. www.asianlegalonline.com /detail_article.cfm?articleID=909

China Gateway The Hong Kong-China Closer Economic Partnership Arrangement (CEPA), signed last June by the respective governments, covers three broad areas -- trade in goods, trade in services and trade and investment facilitation. Under CEPA, beginning January 1, 2004, 273 Hong Kong products will be exempt from tariffs when exported to the Mainland. As of January 1, the Mainland customs and Hong Kong customs will use the same entry and exit cargo inventories for road transportation. www.mac.doc.gov /china/indexHK.html

TID - Closer Economic Partnership Arrangement (CEPA) The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission signed in December 2003 the "Mainland/Hong Kong Closer Economic Partnership Arrangement - Arrangements relating to Qualifications of Securities and Futures Industry Practitioners". Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) For latest information on mutual recognition of professional qualifications between Mainland and Hong Kong regarding construction and related engineering services, please visit the web site of Environment, Transport and Works Bureau, Hong Kong Special Administrative Region Government (HKSARG). 202.130.163.34 /han3/2/1/1/0/0/0/0/www.tid.gov.hk/english/cepa/mutual.html

China Economic Review The Closer Economic Partnership Arrangement (CEPA) allowing Hong Kong companies easier access to the China mainland market was born in the desperate days of SARS when the territory was struggling to stay alive, and Beijing had to step in to support an economy apparently on the verge of heart failure. "Economic ties between the three have never been so strong and this is because of the two closer economic partnership arrangements," Tang Hao, deputy chief secretary of the Guangdong provincial government, was quoted as saying. China Economic Review, renowned for its in-depth and on-the-ground analysis, has reported on all aspects of trade and investment in China since 1990. www.chinaeconomicreview.com /subscriber/articledetail.php?id=34

The legal news and law firm feature site for Asia and Australia On 1 January, the groundbreaking Closer Economic Partnership Arrangement (CEPA) between Hong Kong and Mainland China came into effect. Some major breakthrough measures have been introduced by the CEPA regulations, including permitting Hong Kong lawyers to be employed as consultants of Chinese law firms and allowing Hong Kong permanent residents who are Chinese nationals to sit for the Ministry of Justice's qualifying examinations. "CEPA provides significant benefits for law firms in Hong Kong. www.asianlegalonline.com /asia/detail_article_email.cfm?ArticleID=1605

rm2003dezc After examining Macao’s economic and trade ties with mainland China and the Portuguese-speaking countries, which date back to the start of the 16th century, Lee Peng Hong stressed the advantages that the Closer Economic Partnership Arrangement between Macao and the Mainland (CEPA) would bring for the advancement of the forum’s objectives. Vice Minister of Commerce, An Min, meanwhile announced that Macao and Hong Kong would be the subject of a big promotional campaign in the mainland in 2004, to coincide with the economic partnership agreements between the central government and the Special Administrative Regions. The signing of the CEPA (Closer Economic Partnership Arrangement) between Macao and the Mainland will allow goods from third-party countries whose manufacture is finished in the MSAR to be re-exported to mailand China either duty-free or subject to lower levels of duty, which will also benefit companies from the Portuguese-speaking countries. www.loriente.com /rm2003dezc.htm

Pacific Customs Brokers - News Details The deal, known as the Closer Economic Partnership Arrangement, will relax trade and investment barriers and is designed to save Hong Kong businesses up to $96 million a year, according to government calculations. According to the deal, after Jan. 1 China will eliminate tariffs on 273 types of Hong Kong-made goods, accounting for about 67 percent of its exports to the mainland and covering electrical and electronics products, textiles, clothing and jewelry among others. Hong Kong, a special autonomous region of China, operates as a separate customs territory and required an agreement to eliminate import tariffs on goods made for export to China. www.pcb.ca /newsdetail.asp?ID=633

Signing of the Annexes of the Mainland and HK Closer Economic Partnership Arrangement Following the signing of the main parts of the Closer Economic Partnership Arrangement (CEPA), the Hong Kong Special Administrative Region Government (HKSARG) and the Central People's Government (CPG) today (September 29) signed the six Annexes to the main text of the Arrangement. Unless otherwise specified in CEPA, a "natural person" means a Hong Kong permanent resident, whereas a "juridical person" means any legal entity duly constituted or otherwise organised under the applicable laws of Hong Kong and which has engaged in substantive business operations in Hong Kong for three to five years. Also, rules on equity participation in Mainland Insurance companies will be relaxed. www.info.gov.hk /gia/general/200309/29/0929102.htm

TT-141103.htm The Mainland Affairs Council (MAC) said yesterday Taiwan would not consider signing a Closer Economic Partnership Arrangement (CEPA) with China such as China signed with Hong Kong and Macau earlier this year. Hong Kong-based foreign companies exporting goods and services to China have seen the easing of tariffs and other regulations as benefits of the pact, according to the council. A CEPA, said the Hong Kong Trade Development Council, would liberate measures in the goods and services trade, and the framework for trade and investment facilitation between China and Hong Kong. www.taiwansecurity.org /TT/2003/TT-141103.htm

Leaphart + Associates With effect from 1 January 2004, Hong Kong and the Chinese mainland will enter into a free trade agreement called "Closer Economic Partnership Arrangement" (CEPA). Companies in various services industries will have to meet with different extra criteria to ensure that they have been in the core business operations of an industry for at minimum period of 3 to 5 years in Hong Kong. A product will be qualified for the tariff exemption if it fulfills the Hong Kong origin rules using the "specific manufacturing process" criterion which has also been adopted as the CEPA rules. www.leaphart.com /Announcement/Listing.php?id=4-4

HKETO - The Hong Kong Advantages - Hong Kong Economic and Trade Office (Canada) CEPA II The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) adopts a building block approach and provides a mechanism for further liberalization measures. Starting from 1 January 2004, The Closer Economic Partnership Arrangement (CEPA) provides Hong Kong with additional and exclusive Mainland market access benefits. The Closer Economic Partnership Agreement (CEPA) was signed in 2003 by the Central People's Government and the Government of the Hong Kong Special Administrative Region and came into full effect from 1 January 2004. www.hketo.ca /invest/advantages.html

Asia Times Online - News from greater China; Hong Kong and Taiwan The fair was called CEPA Expo, for Closer Economic Partnership Arrangement, a framework for improving business, tourism and other relations between the mainland, Hong Kong and Macau. CEPA Expo was publicized as "promoting CEPA's signing and effectiveness, implementing and supporting the policy of CEPA and 'One Country, Two Systems', and promoting further development of the economic relationship between the mainland and Hong Kong and Macau." It was scheduled to run from Tuesday to Friday this week. CEPA also is a free-trade pact, exempting 311 Hong Kong and Macau products from tariffs when exported to the mainland, and is aimed at helping small businesses. www.atimes.com /atimes/China/FA10Ad01.html

CEPA: Taking advantage of Hong Kong's head start in Mainland China CEPA: Taking advantage of Hong Kong's head start in Mainland China CEPA provides a head start for selected Hong Kong goods and services in Mainland China, in many respects on terms better than those contained in Mainland China’s World Trade Organisation (WTO) commitments. CEPA also eases requirements for the conduct of RMB business by Mainland branches of Hong Kong banks. www.elexica.com /scripts/checklink.asp?area=Items&resource=SHAB0EF.htm

Hong Kong - Wikipedia, the free encyclopedia On June 29, 2003, the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) was signed. The arrangement provides a platform for Hong Kong professionals to practice on the mainland and also allows Hong Kong permanent residents to set up individually owned CEPA allows Hong Kong service providers in 18 areas to enter the mainland market at least one year ahead of their foreign competitors. en.wikipedia.org /wiki/Hong_Kong

e-Hong Kong - Hong Kong Economic and Trade Office, San Francisco New Opportunities for Hong Kong Business Under CEPA (Closer Economic Partnership Arrangement) At the same time, Hong Kong provides valuable experience and partnership to foreign companies exploiting the Mainland market. In a Silicon Valley luncheon hosted by the Hong Kong Economic and Trade Office of San Francisco, the Chief Secretary addressed Bay Area businessmen on the theme of “Hong Kong and California: The Winning Combination”. www.hongkong.org /ehongkong24/ehongkong.htm

Deacons - Hong Kong - Closer Economic Partnership Arrangement Between The Mainland And Hong Kong (26/03/2004) from Mondaq The Closer Economic Partnership Arrangement ("CEPA") is a free trade agreement between the PRC and Hong Kong that offers Hong Kong companies, products and residents preferential access to the Mainland market. Hong Kong: Closer Economic Partnership Arrangement Between The Mainland And Hong Kong Deacons - Hong Kong- Closer Economic Partnership Arrangement Between The Mainland And Hong Kong (26/03/2004) from Mondaq www.mondaq.com /go.asp?id=25039

Economic & Trade Information on Hong Kong (tdctrade.com) The second phase of the Mainland-Hong Kong Closer Economic Partnership Arrangement (CEPA II) was concluded in August 2004, providing further liberalisation measures on trade in goods and services on top of its first phase agreed in June 2003. He noted that the newly signed Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) would be a boost to the Hong Kong economy and he urged Hong Kong companies to make good use of the arrangement. Excluding those receiving further liberalisation under CEPA II, services sectors that have been enjoying preferential market access or removal of specific restrictions are management consultant services, exhibitions and conventions, advertising, real estate services, insurance and insurance-related services, tourism and travel related services, and value-added telecommunications services. www.tdctrade.com /main/economic.htm

Government News Secretary for Economy and Finance, Francis Tam headed an official delegation to Beijing today (28 Dec.) for the first meeting of Joint Steering Committee of Mainland and Macao Closer Economic Partnership Arrangement (CEPA). Signing of the Mainland and Macao Closer Economic Partnership Arrangement (17/10/2003) Closer Economic Partnership Arrangement Negotiation Begins in Beijing     (20/06/2003)   www.macau.gov.mo /cepa.phtml?lang=en

Transfer Pricing in China Closer Economic Partnership Arrangement, CEPA - Deloitte Touche Tohmatsu Shanghai CPA Ltd This edition explores the business opportunities arising from the Closer Economic Partnership Arrangement between the Mainland and Hong Kong (CEPA).  We will first summarise the key provisions covered by CEPA. Closer Economic Partnership Arrangement, CEPA - Deloitte Touche Tohmatsu Shanghai CPA Ltd We will then dive into a few strategies that businesses may undertake to maximise the benefits offered by CEPA. www.deloitte.com /dtt/newsletter/0,1012,sid%253D7160%2526cid%253D24694,00.html

Advantek Biologics: Advantek's Products Covered by Mainland and Hong Kong Closer Economic Partnership Arrangement Hong Kong (27 August 2004)- Advantek Biologics Limited announced today that the company's plasma-derived therapeutic products have been covered by the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA). Advantek Biologics: Advantek's Products Covered by Mainland and Hong Kong Closer Economic Partnership Arrangement Advantek's Products Covered by Mainland and Hong Kong Closer Economic Partnership Arrangement www.advantekab.com /irelations_press5.html

Trade and Industry Department Mainland and Hong Kong Closer Economic Partnership Arrangement Trade and Industry Department Mainland and Hong Kong Closer Economic Partnership Arrangement Mainland and Hong Kong Closer Economic Partnership Arrangement Impact on the Hong Kong Economy of CEPA www.tid.gov.hk /english/cepa   (86 words)

CreadersNET -- News Economic ties between Hong Kong and Macao and the mainland have been strengthened under the Closer Economic Partnership Arrangement (CEPA), said a senior official with the Ministry of Commerce. Tsang said Hong Kong is keen to play a more important role in firming up economic relations between cities in the region in sectors such as management, finance, logistics and transport. So far, more than 700 Hong Kong companies and 200 Macao companies have invested in the mainland's service sectors. creadersnet.com /newsPool/28P242644.html   (86 words)

Closer Economic Partnership Arrangement (CEPA) (tdctrade.com) At a CEPA-related seminar jointly organised by HKTDC and Hong Kong Institute of Certified Public Accountants held on 7 Jun 2005, mainland officials from the Ministry of Commerce introduced practical information related to investment regulations for foreign enterprises under CEPA framework, as well as investment facilitation policy for mainland enterprises to invest in Hong Kong. Hong Kong fair organisers may host exhibitions in the mainland Hong Kong permanent residents can open individually owned stores in all Mainland cities under CEPA II www.tdctrade.com /cepa   (86 words)

Hong Kong Financial Secretary to visit Beijing - HK & Macao Express - Pearl River Delta - Newsgd The setting up of the HKEx Representative Office in Beijing is one of the specific commitments on liberalization of trade in services for the financial sector under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA). During his stay in Beijing, the financial secretary will call on senior officials of the Central People's Government to discuss matters of mutual interest and update each other on the latest developments in the mainland and in Hong Kong. Financial Secretary of the Hong Kong Special Administrative Region government Henry Tang will depart for Beijing on Sunday afternoon for a duty visit, a government statement said in Hong Kong Saturday (Nov 15th). www.newsgd.com /prdcorner/hkmacaoexpress/200311170007.htm   (86 words)

Talvest.com - Talvest Asian Fund We are optimistic about the economic outlook for Hong Kong, which has been driven by Phase 3 of the Closer Economic Partnership Arrangement (CEPA) between Mainland China and Hong Kong, as well as the opening of Disneyland in September. The Hong Kong Hang Seng Index, representing the leading stocks on the Hong Kong stock exchange, declined during the quarter, while the China H-Shares, representing the Chinese companies listed on the Hong Kong stock exchange, appreciated. While earnings forecasts for companies in the materials sector rose, they were lowered for the technology, electronics and telecom sectors. www.talvest.com /en/01/512.asp   (805 words)

IBM China (Hong Kong S.A.R.) e-business: Events archive This is supported by the implementation of Mainland-Hong Kong Closer Economic Partnership Arrangement CEPA covering zero-tariff agreement for products made by/ in Hong Kong and/or traded by Hong Kong and the relaxation of market access conditions for trades in services since 2004; and the introduction of Individual Visit Scheme in 2003. Hong Kong Retail Industry Conference 2005, a joint event organized by IBM and Hong Kong Economic Times, was successfully held on October 20 -21. Under the influence of the Hong Kong Disneyland and the Individual Visit Scheme, the vast growth and consumption in the local retail market is prospective in the latter half of year 2005. www-8.ibm.com /hk/e-business/events/archives   (4584 words)

Closer Economic Partnership Arrangement (CEPA) (tdctrade.com) Hong Kong permanent residents can open individually owned stores in all Mainland cities under CEPA II Seminar on 'New Regulations on Foreign Commercial Enterprises under CEPA and Current Investment Facilitation Policy on Mainland Private Enterprises to Hong Kong' (Putonghua) Impact on Financial Sectors in Hong Kong and Guangdong www.tdctrade.com /cepa   (4584 words)

Closer Economic Partnership Arrangement (CEPA) (tdctrade.com) Hong Kong fair organisers may host exhibitions in the mainland Hong Kong permanent residents can open individually owned stores in all Mainland cities under CEPA II Impact on Financial Sectors in Hong Kong and Guangdong www.tdctrade.com /cepa   (1000 words)

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